Specific issues under Stock transfer:
Inter unit transaction (Separate and Centralized Registration within State)
If the taxable person is transferring any goods or services from one branch to another branch in the same state having the same GST registration Number then the taxable person is not required and will not be liable to pay GST on such transactions. They have to redesign business procurement models accordingly.
It is pertinent to discern that a person who has obtained registration in more than one state or more than one registration in a single state shall be treated as distinct persons.